Question

Bob is 18. this might impact his ability to get a loanr
A)True
B)False

Answer 1

Bob being 18 years old might impact his ability to get a loan due to lack of credit history, income, collateral, or a co-signer.

Step-by-step explanation:

Bob being 18 years old might impact his ability to get a loan. As a teenager, Bob may not have established credit history or a steady source of income, which are important factors that lenders consider when approving a loan. Additionally, Bob may not have collateral or a co-signer to secure the loan.